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Your Home Value Is Worth Much More Than You Think...What could you do with that?
Randy Molnar
Thursday, December 9, 2021
We hear it in the news, talk about it with friends and neighbours. We simply can't fathom the cost of buying a home. So, we convince ourselves that making changes in todays market isn't for us. So if 2021 actual unit home sales surpasses 2020 (as it should) then who is doing all this buying and selling, and why?
The reality is that toronto home prices increased by 26% (on average) so far this year compared to last. Many used this increase in equity to afford lifestyle changes, or investment purposes, this year. It all begins with an understanding of exactly how much equity has been realized in your home and deciding what it is you wish to do.
If you're even remotely thinking this might be a good idea to explore get the help of a real estate professional to evaluate the current market value of your home. Then you can decide what your next move is and meet with a mortgage broker to come up with a comfortable financial plan. Who knows...you probably can comfortably afford that move up home, or cash out and retire to your dream retirement community.
And when you're looking at that next home don't look at list prices, ask a realtor to evaluate recent sales to learn what they actually sell for..what their "market value" will be. I cover all the Ontario markets so we can evaluate your current home and assess prices in other regions and types of housing in one meeting.
Content created by; Randy Molnar Keller Williams Real Estate Associates, Brokerage.
The reality is that toronto home prices increased by 26% (on average) so far this year compared to last. Many used this increase in equity to afford lifestyle changes, or investment purposes, this year. It all begins with an understanding of exactly how much equity has been realized in your home and deciding what it is you wish to do.
If you're even remotely thinking this might be a good idea to explore get the help of a real estate professional to evaluate the current market value of your home. Then you can decide what your next move is and meet with a mortgage broker to come up with a comfortable financial plan. Who knows...you probably can comfortably afford that move up home, or cash out and retire to your dream retirement community.
And when you're looking at that next home don't look at list prices, ask a realtor to evaluate recent sales to learn what they actually sell for..what their "market value" will be. I cover all the Ontario markets so we can evaluate your current home and assess prices in other regions and types of housing in one meeting.
Content created by; Randy Molnar Keller Williams Real Estate Associates, Brokerage.
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